Global Low Voltage Traction Inverter Market Growth 2025-2031

The global Low Voltage Traction Inverter market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The low voltage traction inverter, often a key component of the electrified drive train, the main traction inverter affects the driving experience, the battery range and the overall safety of the vehicle. The power module-based traction inverter is designed to convert the DC current in the electric vehicle battery into AC current for use by the electric motor, which drives the vehicle"s propulsion system. In addition, it plays an important role in capturing energy from regenerative braking and feeding it back into the battery.

United States market for Low Voltage Traction Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for Low Voltage Traction Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for Low Voltage Traction Inverter is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key Low Voltage Traction Inverter players cover Texas Instruments, Infineon, Hitachi Energy, onsemi, Skyworks, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “Low Voltage Traction Inverter Industry Forecast” looks at past sales and reviews total world Low Voltage Traction Inverter sales in 2024, providing a comprehensive analysis by region and market sector of projected Low Voltage Traction Inverter sales for 2025 through 2031. With Low Voltage Traction Inverter sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Low Voltage Traction Inverter industry.

This Insight Report provides a comprehensive analysis of the global Low Voltage Traction Inverter landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Low Voltage Traction Inverter portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Low Voltage Traction Inverter market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Low Voltage Traction Inverter and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Low Voltage Traction Inverter.

This report presents a comprehensive overview, market shares, and growth opportunities of Low Voltage Traction Inverter market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Voltage Type
Current Type
Others

Segmentation by Application:
Mechanical Engineering
Automotive
Aeronautics
Marine
Oil And Gas
Chemical Industrial
Medical
Electrical

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Texas Instruments
Infineon
Hitachi Energy
onsemi
Skyworks
Power Integrations, Inc.
Tektronix
Eaton
DANA TM4 INC
Delphi Technologies
ROHM Co., Ltd.
Danfoss Silicon Power
Nexperia

Key Questions Addressed in this Report

What is the 10-year outlook for the global Low Voltage Traction Inverter market?

What factors are driving Low Voltage Traction Inverter market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Low Voltage Traction Inverter market opportunities vary by end market size?

How does Low Voltage Traction Inverter break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.